Taxpayers who filed paper returns with the state Dept. of Taxation and Finance are waiting months for their refunds though state officials insist they are processing returns faster than last year. State tax hotlines have been fielding calls and Internet forums are filling up with complaints from anxious filers, some… Read More →
It’s 10 days after April 15 so, of course, your taxes are filed and you’re anxiously awaiting your refund. Right? Right? Well, not if you’re one of the nearly 1 million New Yorkers who have yet to file their taxes. The state Department of Taxation and Finance reports that about… Read More →
As April 15 approaches, it’s an ideal time to gauge Americans’ attitudes about the tax system. Quinnipiac University in Connecticut did just that in a recent poll and came up with some interesting findings. The national poll of 1,711 registered voters found that nearly two-thirds of Americans enlist someone else… Read More →
There are only 11 days left to file your 2012 income tax return. The deadline is midnight on April 15. File late and you’ll be subject to interest on any money you owe and additional penalties. But you’re not the type to wait until the last minute, are you?. No,... Read More →
In news sure to elicit a hearty Bronx cheer from every New Yorker, a research group just released a report showing that the state is at or near the top in almost every category of taxation. In its annual report, “Facts & Figures: How Does Your State Compare,” The Tax… Read More →
With tax filing season upon us, and the refund joy or check-writing pain it brings, what are your plans for dealing with Uncle Sam this year? Are you filing extra early with Turbo Tax and taking a trip somewhere warm (who could blame you) or waiting until the absolute last-minute… Read More →
Property owners who suffered severe damage from Superstorm Sandy would get some relief under proposals being pushed by state and federal legislators. Assembly Speaker Sheldon Silver, D-Manhattan, introduced legislation to provide property tax relief to New York City homeowners and businesses who suffered losses due to Sandy. Assemblyman Robert Sweeney,... Read More →
From our sister blog, Politics on The Hudson: Some tax filing and payments deadlines have been extended for those in areas impacted by Superstorm Sandy, state Commissioner of Taxation and Finance Thomas Mattox announced. Deadlines to file returns or pay taxes including personal income, corporate, sales or highway use taxes… Read More →
More than a quarter of tax filers in all but one state do not pay any income taxes, according to a recent analysis by The Tax Foundation, a nonpartisan tax research group. In many states, well over a third of tax filers do not owe income taxes. One third… Read More →
State and local governments in New York collected a net $5.5 billion in taxes and fees in August, an increase of 0.5 percent or $25.5 million from August 2011, according to a monthly report from the state Dept. of Taxation and Finance. A net $1.7 billion was collected by localities… Read More →
